First Time Homebuyers

First time buyers accounted for 40% of all April sales. (NAR)

These buyers are not chained to an existing home whose value is falling, and they have not suffered big losses in their net worth. (Business Week)

Fla.'s $8K program takes effect

First-time homebuyers can use their tax credit toward a downpayment, but the state must first collect money to fund the program. Read more